"Africa’s economic progress has been impressive. Five of the world’s ten fastest-growing economies are located in Africa. The value of all goods and services produced on the continent expanded at a robust rate of more than 5 percent per year over the past decade, faster than the growth rate of the global economy. This robust performance occurred alongside lower rates of inflation, improved management of government finances and generally lower levels of government debt.
While there are many reasons to celebrate the continent’s improved macroeconomic performance, significant challenges remain to put African economies on stronger and sustainable growth paths and to address widening economic and social inequalities.
The African Development Bank Group (“the Bank”) has played a major role in driving Africa’s development. The Bank Group has become a trusted partner to its Regional Member Countries for policy and advisory services, development planning, and infrastructure financing. The Bank’s Strategy for 2013 to 2022 has articulated the agenda to support the transformation of the continent by improving the quality of growth – making it shared and more sustainable.
If elected as President of the African Development Bank, I will lead the Bank to effectively implement its strategy to drive inclusive and green growth for Africa, by focusing sharply on areas of high-impact, building strategic partnerships and mobilizing resources to deliver impact at scale.
"My vision is to help build a new Africa with prosperous, sustainable and inclusive growth; one that is peaceful, secure and united, regionally integrated and globally competitive. A continent filled with hope, opportunities, liberties and freedom, with shared prosperity for all. An Africa that is open to the world, one that Africans are proud to call home."
Dr. Akinwumi Adesina"
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